Feb 05 Negotiations Continue on Senate Stimulus Plan By Admin, PBS News Hour President Barack Obama urged lawmakers to act quickly on his economic stimulus package Thursday, telling reporters that the time for talk on the proposal is over and "the time for action is now."… Continue reading
Feb 04 Will a Stimulus Fix Our Problems? A question from various sources: “Will a stimulus fix our problems?” Paul Solman: Let’s begin with a prior question: What’s the economic justification for a stimulus? The answer is that an economy’s annual output — its Gross Domestic Product (… Continue reading
Feb 02 Watch Reporters Assess Effectiveness of Proposed Stimulus Plan As Congress shapes the stimulus package, the debate rages on over what parts of the bill will be most effective in reviving the country's ailing economy. Business reporters analyze the plan's components. Continue watching
Feb 02 Watch In Other News, Senate Debates Stimulus Plan as Pittsburgh Heralds Super Bowl Win The Senate resumed debate on the $900 economic stimulus package that hit snags among Republicans concerned about the rising costs of the package. Jim Lehrer reports on this and other top news of the day. Continue watching
Jan 28 House Passes $819 Billion Economic Stimulus Plan By Admin, PBS News Hour The Democratic-controlled House of Representatives passed President Barack Obama's $819 billion economic stimulus package by a vote of 244-188 Wednesday, with Republicans unanimous in opposition. Continue reading
Jan 27 Watch In Calling for Bipartisanship, Obama Faces New Tests President Barack Obama has promised to bring a more conciliatory brand of politics to Washington as lawmakers grapple over the economic stimulus bill and foreign policy decisions. Analysts discuss some of the president's first, and most important, legislative tests. Continue watching
Jan 27 Obama to Push Stimulus Plan with GOP Lawmakers By Admin, PBS News Hour President Obama is making his first trip to Capitol Hill since his inauguration to push for broad bipartisan support of his $825 billion economic stimulus plan. Continue reading
Jan 26 U.S. Companies Slash More Than 45,000 Jobs By Admin, PBS News Hour More than 45,000 job cuts were announced by major U.S. companies Monday, part of a wave of global job cuts in response to dismal 2008 financial results. Continue reading
Jan 23 Obama Targets February to Pass Stimulus Plan By Admin, PBS News Hour President Barack Obama said Friday that he expected Congress to approve a proposed $825 million economic stimulus package by mid-February, setting up the first big test of his promise to set a new tone of bipartisanship in Washington. Continue reading
Jan 09 Unemployment Rate Hits Highest Point in 16 Years By Admin, PBS News Hour A day after President-elect Barack Obama warned that the recession could "linger for years" unless Congress pumps money into the economy, a government report released Friday underscored the toll the downturn is having on workers and companies. Continue reading